COMMONWEALTH FORESTRY ASSOCIATION
The mission of the CFA is to promote the conservation and sustainable management of the world's forests and the contribution they make to peoples livelihoods. Its purpose is to support the professional development of those working with trees and forests, particularly in Commonwealth Countries.
Financial health, per its FY2024 accounts
The accounts state that the charity reported a deficit of £12,502 for the year ended 31 December 2024, resulting in a decrease in net assets to £182,067. The trustees believe that current reserves are sufficient for approximately three years of operation, and the financial position was considered satisfactory to meet current commitments. Consequently, the accounts were prepared on a going-concern basis without any material uncertainty disclosures.
What the accounts disclose
“The income of £61,317 (2023 £64,884) was mainly dependent on the International Forestry Review organisational subscriptions, membership dues, donations, and online fees” — page 3
“The trustees believe that reserves are enough for about three years operation in the unlikely event that current income sources dry up.” — page 3
Trustees
- Dr Mary Hobley
- JOHN MURRAY HUDSON OBE
- PETER LATHAM
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £61k | £74k |
| 31/12/2023 | £72k | £77k |
| 31/12/2022 | £58k | £77k |
| 31/12/2021 | £172k | £79k |
| 31/12/2020 | £77k | £74k |
Common questions
Is COMMONWEALTH FORESTRY ASSOCIATION financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a deficit of £12,502 for the year ended 31 December 2024, resulting in a decrease in net assets to £182,067. The trustees believe that current reserves are sufficient for approximately three years of operation, and the financial position was considered satisfactory to meet current commitments. Consequently, the accounts were prepared on a going-concern basis without any material uncertainty disclosures. Its FY2024 accounts were independently examined.